Yahoo Still on the Ball

k98ara

I am back to 100% cash this morning after taking a loss on another entry into LAKE, with the HazMat suit player seeing no bounce off its 20-day moving average.

The market is flattish here, with an old tech name like Yahoo! still hovering near resistance since 2000, seen below on the quarterly chart.

This would be a massive breakout, over $44, if it does happen here. Marissa Mayer’s firm has made strides. But I suspect it needs a bit more time to base under $44 before the long-term breakout does occur down the line.

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YHOO

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

Late Night Strategy for Wednesday

7i8mOTY

Several stocks holding up quite well on a relative and absolute basis in this market, from an overall chart perspective, are: ACHN AGIO FRGI JACK JWN. They continue to be long ideas if the rally continues.

And on the short side, if we see the market start to crack I like AmEx on weakness after bouncing back up to its declining 20-day moving average.

The daily chart, below, shows that the damage sustained this autumn is far from repaired.

Drop me your top tickers overnight.

____________________________________________________________________

AXP

Stock #Market Recap 10/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

In addition, please see the top of this video for details about attending our iBC Investors Conference this November.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

A Robotic Rally

picture_of_the_day_2

The V-shape rally cometh again, as last week’s lows have led to a sharp rally in the tape ever since.

I have been laying off the short side for a while now, but am looking to get involved tomorrow if I catch a whiff of weakness.

As I will explain in my video market recap after the bell, I do not believe we are out of the woods.

See you there.

Yahoo Still on the Ball

k98ara

I am back to 100% cash this morning after taking a loss on another entry into LAKE, with the HazMat suit player seeing no bounce off its 20-day moving average.

The market is flattish here, with an old tech name like Yahoo! still hovering near resistance since 2000, seen below on the quarterly chart.

This would be a massive breakout, over $44, if it does happen here. Marissa Mayer’s firm has made strides. But I suspect it needs a bit more time to base under $44 before the long-term breakout does occur down the line.

_____________________________________________________________

YHOO

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

Late Night Strategy for Wednesday

7i8mOTY

Several stocks holding up quite well on a relative and absolute basis in this market, from an overall chart perspective, are: ACHN AGIO FRGI JACK JWN. They continue to be long ideas if the rally continues.

And on the short side, if we see the market start to crack I like AmEx on weakness after bouncing back up to its declining 20-day moving average.

The daily chart, below, shows that the damage sustained this autumn is far from repaired.

Drop me your top tickers overnight.

____________________________________________________________________

AXP

Stock #Market Recap 10/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

In addition, please see the top of this video for details about attending our iBC Investors Conference this November.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

A Robotic Rally

picture_of_the_day_2

The V-shape rally cometh again, as last week’s lows have led to a sharp rally in the tape ever since.

I have been laying off the short side for a while now, but am looking to get involved tomorrow if I catch a whiff of weakness.

As I will explain in my video market recap after the bell, I do not believe we are out of the woods.

See you there.